Lexus is the best value luxury brand for SUVs & crossovers, according to the Vincentric Best Value In Canada Awards.
Along with the overall standing, three models in particular were singled out for value — the Lexus ES 300h was named the top Luxury Hybrid for the fifth year in a row, the NX 200t took the Luxury Compact SUV/Crossover category for the second year in a row, and the RX 350 scored highest for Luxury Mid-Size SUV/Crossover.
To determine its awards, Vincentric analyzed more than 1,800 vehicle configurations for the 2017 model year, measuring total cost-of-ownership using eight different cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity costs, and repairs. Using a statistical model addressing 18 different scenarios, Vincentric identified the winners by measuring which vehicles had lower than expected costs given their market segment and price.